Dominic
Mishomoroni, Kenya
100% repaid
Name
Dominic
Member since
October 2016
On-time repayments
153 installments • 35%
My name is Mwangi, a small time businessman in an area called Mishomoroni city. I was born in the central highlands of Kenya and this area is has rich soils and reliable rainfall. However, there is a high population density and the farms are too small to sustain large families like my dad's.
This is what led me to move from there to a distant town - Mombasa where I started living with my brother before finally moving to a smaller town called Mishomoroni where I do my business.
I deal with sale of second hand clothes where I buy at a wholesale price and sell at retail price. My profit margin ranges from 20 - 30% and my income is about USD 180 per month after paying my rent and other small bills. This is what feeds my family and takes the little one to school.
My business has been growing year after year and I hope it will now be catapulted by credit that I will be getting from Zidisha. Thank you for giving me this rare opportunity.
I will buy more used clothes to resell. This time, I want to buy a stock of shirts and then introduce trousers. These two items are popular with the masses and I hope to cash in on this demand to increase my sales.
I hope to get a profit of 30% or even higher if the season is good. This is important because it will accelerate the growth of my business and give me financial stability that I have lacked for a long time.
Thanks.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$98.00
Date disbursed
Mar 19, 2017
Repayment status
On Time
Projected term
4 months
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Amount repaid
$98.31
Amount remaining
$0.00
Date repaid
Jul 22, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Apr 1, 2017 | $4.98 | Apr 1, 2017 | $4.98 |
Apr 8, 2017 | $4.98 | Apr 8, 2017 | $4.98 |
Apr 15, 2017 | $4.98 | Apr 8, 2017 | $1.00 |
Apr 16, 2017 | $3.98 | ||
Apr 22, 2017 | $4.98 | Apr 16, 2017 | $1.00 |
Apr 23, 2017 | $3.98 | ||
Apr 29, 2017 | $4.98 | Apr 23, 2017 | $1.00 |
Apr 29, 2017 | $3.98 | ||
May 6, 2017 | $4.98 | Apr 29, 2017 | $1.00 |
May 6, 2017 | $3.98 | ||
May 13, 2017 | $4.98 | May 6, 2017 | $1.00 |
May 20, 2017 | $3.98 | ||
May 20, 2017 | $4.98 | May 20, 2017 | $4.98 |
May 27, 2017 | $4.98 | May 27, 2017 | $4.98 |
Jun 3, 2017 | $4.98 | Jun 3, 2017 | $4.98 |
Jun 10, 2017 | $4.98 | Jun 12, 2017 | $4.98 |
Jun 17, 2017 | $4.98 | Jun 17, 2017 | $4.98 |
Jun 24, 2017 | $4.98 | Jun 24, 2017 | $4.98 |
Jul 1, 2017 | $4.98 | Jul 2, 2017 | $4.98 |
Jul 8, 2017 | $4.98 | Jul 10, 2017 | $4.98 |
Jul 15, 2017 | $4.98 | Jul 16, 2017 | $4.98 |
Jul 22, 2017 | $4.98 | Jul 22, 2017 | $4.98 |
Jul 29, 2017 | $4.98 | Jul 22, 2017 | $4.98 |
Aug 5, 2017 | $4.98 | Jul 22, 2017 | $4.98 |
Aug 12, 2017 | $3.78 | Jul 22, 2017 | $3.78 |
Margaret Sep 14, 2017
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